Why Nifty shrugs off heavy FII selling: domestic funds are the shock absorber
The numbers behind a structural shift: in October 2024, FIIs pulled out ₹91,934 crore from Indian equities and mutual funds put back ₹91,433 crore — absorbing 99.5% of the selling. That steady drip of domestic SIP money, not any change in foreign behavior, is why the index barely flinched through multi-month outflow peaks. India no longer lives or dies by FII flows, and the article goes deep on how the buyers on the other side got here.